Nigeria Secures $500m For Local Digital Innovation Funding Programme

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The Minister of Communications and Digital Economy, Bosun Tijani, has disclosed that the country secured access to approximately half a billion dollars in

To achieve this, he underscored plans to partner with the Bank of Industry. “We want to ensure that those businesses that will benefit are true, real Nigerian businesses,” he emphasized.

This strategy aims to augment the resources available to support Nigerian innovators. The overarching goal is to harness these funds to attract further investments and broaden the support system for local entrepreneurs. Chaudhuri stressed the foundational role of a digital national ID in facilitating this transformation, stating, “Our main mission here in Nigeria is to eliminate poverty, make lives better, create jobs for all Nigerian youth.

The ambitious target is to provide at least 148 million people of working age with a digital national ID by the middle of next year, marking a significant step towards inclusion and accessibility.

 

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Nigeria Secures $500m For Local Digital Innovation FundingThe Minister of Communications and Digital Economy, Bosun Tijani, has disclosed that the country has secured access to approximately half a billion dollars in
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